Global Partner Appointed & Auxilium Presentation
RNS Number : 8959Q
Pennant International Group PLC
14 July 2025
FOR IMMEDIATE RELEASE 14 July 2025
PENNANT INTERNATIONAL GROUP PLC
("Pennant", the "Company", the "Group")
Global Partner Appointed
& Auxilium Investor Presentation
Pennant International Group plc (AIM:PEN), the systems support software and training solutions company, provides an update on the progression of its 'go to market' strategy for the Auxilium suite (GenS, Analyzer and R4i).
Global Partner Appointed
The Group is pleased to report that it has entered into an agreement with Siemens Digital Industries Software under which Siemens will be a global OEM partner leveraging the Group's GenS technology to expand its Teamcenter Service Lifecycle Management software solutions. Pursuant to the agreement, Siemens is licensed to distribute GenS as part of Teamcenter.
Agents and Partners
Furthermore, the Group has appointed Win-Tek and Eva Aviation as sales representatives for Auxilium in South Korea and Japan respectively which are new territories for Pennant. The negotiation of further potential appointments is continuing, including prospective agents in India.
The Group has also entered into a collaboration agreement with German software firm, Warp IT (the OEM of a specialist application relevant to defence data standards), to explore product integration and other opportunities, with a view to bringing together two leading software solutions to offer a combined, enhanced integrated product support solution. Work is already underway, and Pennant and Warp IT anticipate making joint proposal(s) to meet known customer requirements later this year.
All of the above agreements (including the Siemens agreement) have been entered into on a non-exclusive basis allowing Pennant to continue to sell its software both directly and indirectly in any territory.
Phil Walker, Group CEO, commented: "I'm pleased to announce significant progress with the execution of our 'go-to-market' strategy for Auxilium. We are excited to be actively working with our new partners, with each appointment providing opportunities to access new markets and territories, and we look forward to providing updates as the partnerships progress."
Auxilium Investor Presentation
Full integration of the Analyzer toolset and the GenS integrated database was achieved with the March 2025 launch of the latest major Auxilium release. Development work continues to provide regular, incremental updates and improvements to the suite.
Management will hold an online investor presentation at 3:00pm (BST) on Thursday 31 July 2025 hosted by Phil Walker, Chief Executive Officer, and James St. George, Chief Product Officer, who will provide a detailed briefing on the Auxilium suite and its product road map, and answer investors' questions.
The presentation will be delivered through the digital platform Investor Meet Company. Investors can sign up to Investor Meet Company and add to meet Pennant via the following link https://www.investormeetcompany.com/pennant-international-group-plc/register-investor.
For those investors who have already registered and added to meet the Company, they will automatically be invited.
Questions can be submitted pre-event to Pennant@walbrookpr.com or in real time during the presentation via the "Ask a Question" function.
Enquiries:
| Pennant International Group plc | www.pennantplc.com | |
| David Clements, Company Secretary | +44 (0) 1452 714 914 | |
| Zeus (Nomad) | www.zeuscapital.co.uk | |
| Mike Coe / Darshan Patel (Investment Banking) | +44 (0) 203 829 5000 | |
| Cavendish Capital Markets Limited (Broker) | www.cavendish.com | |
| Ben Jeynes / Callum Davidson / George Lawson (Corporate Finance) | +44 (0) 207 220 0500 | |
| Michael Johnson / Dale Bellis / Sunila de Silva (Sales and Corporate Broking) | ||
| Walbrook PR (Financial PR) | pennant@walbrookpr.com | |
| Tom Cooper Joe Walker | +44 (0)20 7933 8780 Mob: +44 (0)7407 020 470 |
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